The Traderszone Network

Published in TZ Latest News 4 October, 2017 by The TZ Newswire Staff

Forex technical analysis: USDJPY down on the day but not running

Price breaks 200 hour MA but stays above 6 day low
The USDJPY is lower. The price moved away from the 112.815-93 level (was a swing level going back to June/July – see 4-hour chart below), moved between the converging 100 and 200 hour MAs at 112.697 and 112.473 currently.